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“I don’t know why Jim Farley is lying about the state of negotiations," Fain said in a statement responding to the Ford CEO. The UAW wants those workers represented by the union and paid the highest-tier wages. Workers went on strike on Sept. 15 at one plant each from GM, Ford and Stellantis. UAW workers are threatening to walk off the job at heavy truck maker Mack Trucks on Sunday, and at three Detroit casinos. A UAW strike has shut down a plant that builds axles for Mercedes-Benz's Alabama vehicle factory.

Persons: Jim Farley, Shawn Fain, Stellantis, Fain, Sam Fiorani, Joe Biden, Ford, Farley, Arthur Wheaton, Mack Trucks, Silverados, David Shepardson, Joseph White, Ben Klayman, Abhirup Roy, Bianca Flowers, Shivansh, Abhijith G, Peter Henderson, Nick Zieminski, David Gregorio, Jonathan Oatis Organizations: UAW, Lansing , Michigan Ford, Ford, United Auto Workers, Detroit, Chrysler, Mack Trucks, AutoForecast Solutions, Workers, Ford Explorer, Lincoln Aviator, Traverse, Buick, Marshall, General Motors, GM, Cornell University, Mercedes, Reuters, Thomson Locations: Chicago, Lansing , Michigan, DETROIT, U.S, Detroit, Lansing, Michigan, Marshall , Michigan, Alabama

☆ UAW drops unfair labor practice charges against GM, Stellantis
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: 1 min

[1/3] Placards are seen as striking UAW workers picket outside a Stellantis facility in Center Line, Michigan, U.S., September 22, 2023. REUTERS/Dieu-Nalio Chery Acquire Licensing RightsSept 29 (Reuters) - The United Auto Workers dropped unfair labor practice charges against General Motors and Chrysler-parent Stellantis on Friday. The union had filed the charges on Aug. 31 with the National Labor Relations Board charging the automakers had refused to bargain in good faith, which both companies strongly denied. The UAW on Sept. 15 launched the first-ever simultaneous strike against the Detroit Three automakers and now has targeted 43 facilities covering about 25,000 out of about 150,000 hourly auto workers. The companies and UAW have exchanged numerous contract offers over the last month.

Persons: Chery, David Shepardson Organizations: REUTERS, United Auto Workers, General Motors, Chrysler, National Labor Relations Board, UAW, Detroit Three, Thomson Locations: Center Line, Michigan, U.S, Dieu

☆ Explainer: UAW expands strike against GM, Ford in Week 3, spares Stellantis
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +4 min

Sept 29 (Reuters) - The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike, this time targeting a plant at General Motors (GM.N) and Ford Motor (F.N) but refraining from an additional walkout from Chrysler parent Stellantis (STLAM.MI). The UAW, which represents 46,000 GM workers, 57,000 Ford employees and 43,000 Stellantis workers, kicked off negotiations with the companies in July. Contract talks between the UAW and the Detroit automakers in past years had gone on until the strike deadline and beyond. Talks between Ford and UAW negotiators stalled during the week after the two appeared to be close to an agreement, sources familiar with the development said. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike.

Persons: Shawn Fain, Fain, Stellantis, GM's, Morgan Stanley, Adam Jonas, Tesla, Nathan Gomes, Abhijith G, Joseph White, Ben Klayman, David Shepardson, Sriraj Organizations: United Auto Workers, UAW, General Motors, Ford, Chrysler, Detroit Three, WHO, Detroit, Reuters, Ford Bronco, Chevrolet, Deutsche Bank, EV, Thomson Locations: U.S, Michigan , Ohio, Missouri, Chevrolet Colorado

"Despite our willingness to bargain Ford and GM have refused to make meaningful progress," Fain said in a video address Friday morning. It began on Sept. 15, when workers struck at one plant each from GM, Ford and Stellantis. The UAW did not strike at Ford distribution facilities last week, citing progress in talks with that company. Analysts estimate GM, Ford and Stellantis earn as much as $15,000 per vehicle on each of their respective large pickup truck models. The Ford assembly plant in Chicago builds the Ford Explorer and Lincoln Aviator SUVs, while the GM plant in Lansing makes the Chevy Traverse and Buick Enclave SUVs.

Persons: Shawn Fain, GM's, Fain, Stellantis, Friday Fain, Arthur Wheaton, Silverados, Sam Fiorani, Joe Biden, David Shepardson, Joseph White, Ben Klayman, Abhirup Roy, Peter Henderson, Nick Zieminski Organizations: DETROIT, United Auto Workers, General Motors, Ford, Chrysler, Detroit Three, GM, UAW, Detroit, Cornell's School of Industrial and Labor Relations, U.S, Workers, Stellantis, Strikers, AutoForecast Solutions, Ford Explorer, Lincoln Aviator, Traverse, Buick, Reuters, Thomson Locations: Chicago, GM's Lansing , Michigan, Stellantis, Marshall , Michigan, Milan, Detroit, Lansing

DETROIT, Sept 29 (Reuters) - The United Auto Workers are set to expand their strike of Detroit Three factories and walk off the job at General Motors (GM.N) and Ford (F.N), UAW president Shawn Fain said on Friday. "Despite our willingness to bargain Ford and GM have refused to make meaningful progress," Fain said in a video address Friday morning. It began on Sept. 15, when workers struck at one plant each from GM, Ford and Stellantis. The UAW did not strike at Ford distribution facilities, citing progress in talks with that company. Analysts estimate GM, Ford and Stellantis earn as much as $15,000 per vehicle on each of their respective large pickup truck models.

Persons: Shawn Fain, GM's, Fain, Stellantis, Ford, Silverados, Joe Biden, David Shepardson, Joseph White, Nick Zieminski Organizations: DETROIT, United Auto Workers, General Motors, Ford, UAW, GM, Detroit, Strikers, Reuters Graphics Reuters, Thomson Locations: Detroit, Chicago, GM's Lansing , Michigan, Stellantis, Milan

☆ UAW President Shawn Fain: I don't know why Ford CEO is lying about the state of negotiations
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW President Shawn Fain: I don't know why Ford CEO is lying about the state of negotiationsCNBC's Phil LeBeau joins 'Closing Bell' to discuss the latest in the UAW strike negotiations.

Persons: Shawn Fain, Phil LeBeau Organizations: Ford, UAW

☆ Jim Cramer explains why Ford stock has held up well despite pressures from the UAW strike
▼ + stars: | 2023-09-29 | by ( Jeff Marks | ) www.cnbc.com time to read: 1 min

Jim Cramer explains why Ford stock has held up well despite pressures from the UAW strikeIt has been a tough week for stocks but Jim Cramer and portfolio director Jeff Marks explain that a government shutdown may not be a bad scenario for the markets and shouldn't be a signal for investors to sell.

Persons: Jim Cramer, Jeff Marks Organizations: Ford, UAW

DETROIT, Sept 29 (Reuters) - United Auto Workers union President Shawn Fain is expected to launch walkouts at more Detroit Three auto factories Friday, barring last-minute progress in bargaining that has moved slowly since last week. Talks among the UAW and negotiators for the Detroit Three were described as "very active" by one person briefed on the situation. The union has shut one assembly plant at each of the Detroit Three, and 38 parts distribution centers at GM and Stellantis. However, strikes at these plants would have less impact as the models affected are either money-losers or substantially less profitable than the big pickups. The union launched its first walkouts on Sept. 15, with simultaneous strikes at one assembly plant at each automaker.

Persons: Shawn Fain, Fain, Silverados, Ram, Ford, Joe Biden, David Shepardson, Joseph White, Nick Zieminski Organizations: DETROIT, United Auto Workers, Detroit, UAW, Wall Street, Ford, General Motors, Strikers, GM, Reuters Graphics Reuters, Thomson Locations: Kentucky, Flint, Sterling Heights , Michigan, Warren , Michigan, Detroit, Italian, Kokomo , Indiana, Hamtramck, Spring Hill , Tennessee, Dearborn , Michigan

☆ How Tesla is at the center of the UAW strikes
▼ + stars: | 2023-09-29 | by ( Robert Ferris | In | ) www.cnbc.com time to read: 1 min

The UAW strikes hitting the Detroit Three automakers — GM , Ford and Stellantis — could widen the electric vehicle gap between them and Tesla, which already controls 60 percent of the EV market. The three Detroit automakers all use union labor, and those workers are represented by the United Auto Workers union — Tesla does not. Already, industry insiders say labor costs at GM, Ford and Stellantis are considerably higher than they are at the electric car maker. But Tesla workers have attempted to unionize its factories in the past. While attempts have so far been unsuccessful, recent polls show about two-thirds of Americans are supportive of unions.

Persons: Stellantis, Tesla Organizations: UAW, Detroit Three, — GM, Ford, Detroit, United Auto Workers, GM

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. DETROIT – The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley claimed during a press briefing Friday. "I believe we could have reached a compromise on pay and benefits but so far the UAW is holding the deal hostage over battery plants," he said after the UAW announced it would expand strikes to two additional assembly plants — one each for Ford and General Motors. Farley's public criticism of the union is uncharacteristic for Ford, which is historically viewed as the most union-friendly company of the Detroit automakers. Farley said the company isn't "at an impasse" with the union but warned that day "could come if this continues."

Persons: Jim Farley, Farley, Shawn Fain, hasn't, haven't, Fain Organizations: United Auto Workers, Plant, DETROIT –, Ford Motor, Ford, UAW, General Motors, Detroit automakers, Farley Locations: Michigan, Wayne , Michigan

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Tesla is at the center of the UAW strikesThousands of workers are striking the big three Detroit auto manufacturers Ford, GM and Stellantis. The strikes are unlike any other in recent American auto history. Even United Auto Workers' president Shawn Fain calls the demands audacious. Legacy carmakers already struggle to compete with Tesla's manufacturing costs and selling price. So are Elon Musk and Tesla the strikes' big winners?

Persons: Tesla, Shawn Fain, carmakers, Elon Organizations: UAW, Detroit, Ford, GM, United Auto Workers

☆ UAW to expand strike at Ford, General Motors
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

[1/3] Jeep Cherokee SUV's and Ram trucks fill the parking lot at the Stellantis plant that was idled in February 2023, in Belvidere, Illinois, U.S., June 27, 2023. REUTERS/Bianca Flowers Acquire Licensing RightsSept 29 (Reuters) - The United Auto Workers (UAW) union will walk off the job at an additional plant at General Motors and at Ford, President Shawn Fain said on Friday, as the first-ever simultaneous strike against the Detroit Three automakers enters its third week. The UAW had been planning to announce a new strike at Stellantis NV (STLAM.MI), but the company called moments before the scheduled 10 a.m. address and made significant changes in its contract proposal, Fain said. The strike will expand to Ford's (F.N) Chicago assembly plant and GM's (GM.N) Lansing, Michigan, assembly plant, covering about 7,000 workers. Here is a timeline of events beginning with the election of the Fain in March:Reporting by Ananta Agarwal and Priyamvada C in Bengaluru; Editing by Arun Koyyur, Shailesh Kuber and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Bianca Flowers, Shawn Fain, Fain, Ananta Agarwal, Priyamvada, Arun Koyyur, Shailesh Organizations: REUTERS, United Auto Workers, UAW, General Motors, Ford, Detroit Three, Stellantis NV, Thomson Locations: Belvidere , Illinois, U.S, Chicago, Lansing , Michigan, Bengaluru

☆ UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks
▼ + stars: | 2023-09-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. Fain said Chrysler-parent Stellantis was spared from additional strikes because of recent progress in negotiations with that company. "To restore the balance of power, we have to restore the strike," Fain said Friday, citing several other UAW strikes aside from the Detroit automakers. The UAW originally initiated work stoppages on Sept. 15 at three assembly plants — one each for the Detroit automakers. At that time, the UAW spared Ford from expanded strikes, citing progress in those negotiations.

Persons: Shawn Fain, Fain, Stellantis, Gerald Johnson, GM's Organizations: DETROIT, United Auto Workers, General Motors, Ford Motor, UAW, Chicago Assembly, Ford Explorer, Lincoln Aviator, Buick Enclave, Chevrolet, Chrysler, Detroit, GM, Ford, Detroit automakers Locations: Illinois, Lansing Delta, Michigan

DETROIT (AP) — The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a General Motors assembly factory near Lansing, Michigan. Union President Shawn Fain told workers on a video appearance Friday that negotiations haven’t broken down but Ford and GM have refused to make meaningful progress. The GM plant in Delta Township, near Lansing, makes large crossover SUVs such as the Chevrolet Traverse and Buick Enclave. The Chicago Ford plant makes the Ford Explorer and Explorer Police Interceptors, as well as the Lincoln Aviator SUV. The union went on strike Sept. 15 when it couldn’t reach agreements on new contracts with the companies.

Persons: Shawn Fain, Stellantis, Fain, ” Fain, “ I’m, ”, Gerald Johnson, “, doesn’t, ” Johnson, Ford, ____ Koenig Organizations: DETROIT, United Auto Workers, Detroit, General Motors, Union, Ford, GM, Chevrolet Traverse, Buick, Chicago Ford, Ford Explorer, Explorer Police, Lincoln Aviator, Facebook, UAW Locations: Chicago, Lansing , Michigan, Delta Township, Lansing, Missouri , Ohio, Michigan, Dallas

☆ Government shutdown, labor strikes will likely weigh on US consumers’ attitudes
▼ + stars: | 2023-09-29 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington, DC CNN —Americans are taking notice of a possible government shutdown and the uncertainty of ongoing labor strikes, according to the University of Michigan’s latest consumer sentiment survey. The university’s Consumer Sentiment Index edged lower by 1.4 points in September, according to a final reading. That would mean some federal workers become furloughed and agencies operate with skeleton crews, hamstringing agencies’ ability to provide crucial government services. The ongoing United Auto Workers strike is also not expected to end soon. With so much turmoil, Americans will likely feel uneasy in the coming weeks, which could affect their spending.

Persons: ”, Joanne Hsu, There’s Organizations: DC CNN, University of Michigan’s, “, Republicans, United Auto Workers, UAW, Ford, GM, Kaiser Permanente, Commerce Department Locations: Washington, Kaiser, California , Colorado , Oregon, Washington , Virginia, Las Vegas, Reno

☆ Wages are going to go up at Tesla, says Barclays' Dan Levy
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWages are going to go up at Tesla, says Barclays' Dan LevyDan Levy, senior autos analyst at Barclays, joins 'The Exchange' to discuss the widening wage increase among auto manufacturers over EV development, the UAW strikes impact on GM and Ford stocks, and more.

Persons: Dan Levy Dan Levy Organizations: Barclays, UAW, GM, Ford

☆ UAW strike expands with over 7K employees walking off
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW strike expands with over 7K employees walking offCNBC's Phil LeBeau joins 'The Exchange' to discuss more automotive plants being shut down by the UAW strike, how many employees have walked out due to the strike, and more.

Persons: Phil LeBeau Organizations: UAW

☆ UAW to expand strike at Ford and GM, Fain says
▼ + stars: | 2023-09-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The United Auto Workers union is expanding its strike to additional facilities of automakers Ford and GM, the UAW head said on Friday, adding that additional Stellantis members will not be called to go on strike. “We knew it was unlikely this was going to be quick,” Fain said on a livestreamed update. But, he said, “We’re excited about this momentum at Stellantis and hope it continues.”UAW President Shawn Fain said that Ford and GM have not made enough progress in meeting union demands, despite a strike that has gone on for 15 days. A week ago it added a series of 38 parts and distribution centers operated in 20 states by GM and Stellantis but did not expand the strike at Ford, saying that automaker had made significant progress in negotiations. As of noon Friday, there will be more than 25,000 UAW workers on strike, as Fain has called on an additional 7,000 members across Ford and GM to go on strike.

Persons: “, ” Fain, Shawn Fain, Ford, “ We’re, I’m, Fain, Joe Biden Organizations: New, New York CNN, United Auto Workers, Ford, GM, UAW, Chicago Assembly, Lincoln Aviator, Chevrolet Traverse, Buick Enclave, Chevy Silverado, Chrysler Locations: New York, Chicago, Lansing Delta, Michigan

☆ The UAW Tax and the Car Safety Revolution
▼ + stars: | 2023-09-28 | by ( ) www.wsj.com time to read: 1 min

Striking members of the United Auto Workers in Belleville, Mich., Sept. 26. Photo: EVELYN HOCKSTEIN/REUTERSClifford Winston’s op-ed “UAW Strike May Hasten Detroit’s Decline” (Sept. 22) says little about the United Auto Workers’ role in shrinking the domestic auto industry by half over the past 40 years. My employer, Ford, employed around 400,000 in its heyday. The loss of workforce and closing of plants were due to the UAW’s contract agreements and restrictive work rules, agreed to by the company under duress. These helped make Detroit uncompetitive.

Persons: EVELYN HOCKSTEIN, Clifford Winston’s, Ford Organizations: United Auto Workers, “ UAW, Ford, Detroit Locations: Belleville, Mich

☆ Biden and Trump Woo the UAW in Michigan
▼ + stars: | 2023-09-28 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: biden, uaw

☆ Strikes on the rise: Here's why this is happening
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrikes on the rise: Here's why this is happeningBill Sokol, labor lawyer representing unions in their labor relations with employers and members, joins 'Power Lunch' to discuss the UAW strike, declining union membership, and more.

Persons: Bill Sokol Organizations: UAW

Throughout world history, strikes have made substantive changes to better working conditions. AdvertisementAdvertisementSince 1156 BC, there has been some form of protest demanding better wages and working conditions for workers. Most recently, the Writers Guild of America and the Screen Actors Guild-American Federation of Television and Radio Artists have joined the ranks of impactful strikes throughout time. AdvertisementAdvertisementThe strikes are just the latest in a long line of worker protests spanning centuries. Here are a handful of the largest, most powerful strikes in world history.

Persons: — Organizations: Service, Writers Guild of America, Screen, American Federation of Television, Radio Artists, United Auto Workers, GM, Ford, UAW

☆ Canadian union Unifor sets Oct 9 deadline for GM negotiations
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +2 min

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 28 (Reuters) - Canadian labor union Unifor said on Thursday it has informed General Motors (GM.N) that Oct. 9 has been set as the deadline for negotiating a deal with the U.S. automaker. Unifor had announced GM as its second bargaining target in contract talks with the Detroit Three on Monday, a day after ratifying a new three-year contract with Ford Motor (F.N). Meanwhile, in the U.S., negotiators for the United Auto Workers (UAW) union could strike additional Detroit Three automotive facilities on Friday if there is no substantial progress in labor negotiations. The UAW had launched its walkouts on Sept. 15, its first simultaneous strikes at General Motors, Chrysler parent Stellantis (STLAM.MI) and Ford.

Persons: Rebecca Cook, Unifor, Juby Babu, Rishabh Jaiswal, Sherry Jacob, Phillips, Rashmi Organizations: General Motors, REUTERS, Motors, U.S ., Ford, GM Canada, Oshawa Operations, Catharines Propulsion Plant, Distribution, GM, Detroit, Ford Motor, United Auto Workers, UAW, Chrysler, Thomson Locations: Detroit , Michigan, U.S, Unifor, Canada, St, Catharines, Woodstock, Bengaluru

In this article FSTLAM-ITGM Follow your favorite stocks CREATE FREE ACCOUNTStriking members of the United Auto Workers (UAW) picket outside the GM's Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. ET Friday, barring substantial progress by in negotiations with General Motors, Ford Motor and Stellantis for contracts covering some 146,000 autoworkers. As of the Wednesday announcement, the UAW also hadn't put forth counter proposals to offers made by the automakers roughly a week earlier, the people said. About 18,300 workers, or roughly 12.5% of the UAW members covered by its contracts with the Detroit automakers, are currently on strike. On the picket linesIn recent days, union members on the picket lines have reported confrontations, intimidations with guns, hit-and-run vehicle accidents and vandalism of vehicles and company property.

Persons: Evelyn Hockstein, Shawn Fain, Fain, hadn't, Mary Barra, Stellantis, Jonah Furman, they've, Matthew Hatcher Organizations: United Auto Workers, UAW, Reuters DETROIT, Detroit automakers, General Motors, Ford Motor, GM, Mopar, Center, AFP, Getty Locations: Bellville, Wayne County , Michigan, U.S, Flint , Michigan, Center Line, Michigan

☆ Analysis: A messy government shutdown is the last thing the economy needs
▼ + stars: | 2023-09-28 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Against this precarious backdrop, Washington is on the verge of a messy shutdown of the federal government. A shutdown probably won’t wreck the economy, especially if it’s short. And if it a shutdown lasts long enough, it could, along with these other headwinds, do some real damage. The US Travel Association estimates the domestic travel economy would lose as much as $140 million a day from a government shutdown. “Uncertainty regarding federal operations will likely persist for the next few months.”Given all the other obstacles facing the economy, chaos in Washington is the last thing the economy needs.

Persons: New York CNN —, ”, Greg Valliere, Joe Brusuelas, Goldman Sachs, —, Uncle Sam, Mark Zandi, don’t, ” Zandi, AGF’s, “, ” Moody’s Organizations: New, New York CNN, UAW, Big Three, Federal, Federal Reserve, AGF Investments, RSM, American Federation of Government Employees, TSA, US Travel Association, Companies, Moody’s, AAA, Goldman Locations: New York, Washington, United States

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